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Investors Are Building Their Own Green-Power Lines

Billionaires want to move renewable power from the plains to big cities; red tape blocks progress

By

Russell Gold

April 6, 2017 5:30 a.m. ET

What if the wind sweeping down the plains of Wyoming could be harnessed to generate enough electricity to power the city of Los Angeles?

It soon could, thanks to a $9 billion wind farm and electricity superhighway backed by billionaire Philip Anschutz—one of a series of transmission-line projects that private investors are bankrolling to bring renewable energy from America’s hinterlands to its urban centers.